(MTG) Mgic Investment complete technical analysis [charts+indicators] | Buy/Sell Mgic Investment | (MTG) share price targets
Complete technical analysis of Mgic Investment (MTG) by charts plus indicators, forecast predictions and share price targets for Mgic Investment (MTG)
Mgic Investment trades in USA in Finance sector.
Showing technical analysis as on 2025-01-23 View latest technical analysis
10 day averaged volume of Mgic Investment is 1687610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 24.79 | 24.53 | 24.89 | 24.41 | 0.999 times |
| 22 Wed Jan 2025 | 24.60 | 24.47 | 24.76 | 24.37 | 0.885 times |
| 21 Tue Jan 2025 | 24.56 | 24.50 | 24.81 | 24.48 | 0.69 times |
| 17 Fri Jan 2025 | 24.46 | 24.37 | 24.65 | 24.26 | 1.158 times |
| 17 Fri Jan 2025 | 24.46 | 24.37 | 24.65 | 24.26 | 1.158 times |
| 16 Thu Jan 2025 | 24.34 | 24.00 | 24.40 | 23.93 | 0.835 times |
| 15 Wed Jan 2025 | 24.04 | 24.19 | 24.19 | 23.87 | 1.019 times |
| 14 Tue Jan 2025 | 23.70 | 23.28 | 23.84 | 23.28 | 1.146 times |
| 13 Mon Jan 2025 | 23.18 | 22.79 | 23.21 | 22.71 | 0.966 times |
| 10 Fri Jan 2025 | 22.89 | 23.19 | 23.31 | 22.84 | 1.117 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 25, for a target of 24.4 or 23.89
Share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Target | 22.71 |
| Downside Target | 24.65 |
| Upside Target | 24.81 |
| Upside Target | 24.89 |
| Upside Target | 25.79 |
| Upside Target | 25.89 |
| Upside Target | 26.53 |
| Upside Target | 26.56 |
Intraday share price targets for Mgic Investment (MTG)
| Target Type | Value |
| Downside Intraday Target | 24.48 |
| Downside Intraday Target | 24.16 |
| Upside Intraday Target | 25 |
| Upside Intraday Target | 25.2 |
| Downside Intraday Target | 24.68 |
Weekly technical analysis of Mgic Investment (MTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 24.79 | 24.50 | 24.89 | 24.37 | 2.222 times |
| 17 Fri Jan 2025 | 24.46 | 24.37 | 24.65 | 24.26 | 0.226 times |
| 17 Fri Jan 2025 | 24.46 | 22.79 | 24.65 | 22.71 | 2.393 times |
| 10 Fri Jan 2025 | 22.89 | 23.19 | 23.63 | 22.84 | 0.715 times |
| 08 Wed Jan 2025 | 23.63 | 23.82 | 23.99 | 23.13 | 0.94 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mgic Investment (MTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 24.79 | 23.76 | 24.89 | 22.71 | 0.983 times |
| 31 Tue Dec 2024 | 23.71 | 25.63 | 25.79 | 22.98 | 0.797 times |
| 26 Tue Nov 2024 | 26.11 | 24.75 | 26.56 | 23.36 | 1.153 times |
| 31 Thu Oct 2024 | 25.04 | 25.54 | 26.53 | 24.81 | 0.912 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mgic Investment (MTG)
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Mgic Investment stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgic Investment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgic Investment in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.07 and Mgic Investment (MTG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.
Mgic Investment Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgic Investment ( (MTG) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Mgic Investment stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mgic Investment in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgic Investment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgic Investment in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgic Investment is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.07 and Mgic Investment (MTG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mgic Investment (MTG) stock. Volume based technical analysis of Mgic Investment (MTG) stock is negative.
Mgic Investment Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.